James H. Roth Sells 8,642 Shares of Huron Consulting Group Inc. (NASDAQ:HURN) Stock

Huron Consulting Group Inc. (NASDAQ:HURN) Director James H. Roth sold 8,642 shares of Huron Consulting Group stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $149.27, for a total transaction of $1,289,991.34. Following the sale, the director now directly owns 56,279 shares of the company’s stock, valued at $8,400,766.33. The trade was a 13.31 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Huron Consulting Group Price Performance

Shares of Huron Consulting Group stock opened at $140.87 on Friday. The company has a 50-day simple moving average of $134.50 and a two-hundred day simple moving average of $122.33. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 30.62 and a beta of 0.53. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.82. Huron Consulting Group Inc. has a twelve month low of $84.26 and a twelve month high of $153.85.

Huron Consulting Group (NASDAQ:HURN) last issued its earnings results on Tuesday, February 25th. The business services provider reported $1.90 EPS for the quarter, beating the consensus estimate of $1.52 by $0.38. The company had revenue of $399.31 million during the quarter, compared to analysts’ expectations of $380.62 million. Huron Consulting Group had a net margin of 5.80% and a return on equity of 21.51%. Analysts forecast that Huron Consulting Group Inc. will post 6.1 EPS for the current year.

Wall Street Analyst Weigh In

HURN has been the subject of several research analyst reports. Barrington Research lifted their target price on shares of Huron Consulting Group from $142.00 to $167.00 and gave the stock an “outperform” rating in a report on Thursday, February 27th. Truist Financial lifted their target price on shares of Huron Consulting Group from $165.00 to $180.00 and gave the stock a “buy” rating in a report on Tuesday, March 4th. Benchmark lifted their price objective on shares of Huron Consulting Group from $140.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday, February 26th. Wedbush began coverage on shares of Huron Consulting Group in a research note on Monday, February 3rd. They issued an “outperform” rating for the company. Finally, William Blair reiterated an “outperform” rating on shares of Huron Consulting Group in a research note on Monday, March 10th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, Huron Consulting Group has an average rating of “Buy” and an average target price of $155.50.

Hedge Funds Weigh In On Huron Consulting Group

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Dakota Wealth Management raised its position in shares of Huron Consulting Group by 4.0% in the 4th quarter. Dakota Wealth Management now owns 2,250 shares of the business services provider’s stock valued at $280,000 after buying an additional 87 shares in the last quarter. Summit Investment Advisors Inc. raised its position in shares of Huron Consulting Group by 5.5% in the 4th quarter. Summit Investment Advisors Inc. now owns 1,838 shares of the business services provider’s stock valued at $228,000 after buying an additional 96 shares in the last quarter. Andina Capital Management LLC raised its position in shares of Huron Consulting Group by 3.4% in the 4th quarter. Andina Capital Management LLC now owns 3,296 shares of the business services provider’s stock valued at $410,000 after buying an additional 107 shares in the last quarter. Martingale Asset Management L P increased its position in Huron Consulting Group by 0.5% during the 3rd quarter. Martingale Asset Management L P now owns 20,479 shares of the business services provider’s stock worth $2,226,000 after purchasing an additional 110 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in Huron Consulting Group by 3.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,039 shares of the business services provider’s stock worth $502,000 after purchasing an additional 121 shares in the last quarter. 93.90% of the stock is currently owned by institutional investors and hedge funds.

About Huron Consulting Group

Huron Consulting Group Inc, a professional services firm, provides consultancy services in the United States and internationally. It operates through three segments: Healthcare, Education, and Commercial. The Healthcare segment provides financial and operational performance improvement consulting services; digital offerings, spanning technology and analytic-related services; software products; organizational transformation services; revenue cycle managed and outsourcing services; financial and capital advisory consulting services; and strategy and innovation consulting services to national and regional health systems, academic and community health systems, federal health system, public, children’s and critical access hospitals, physician practices and medical groups, payors, and long-term care or post-acute providers.